Cryptocurrency exchange MEXC has released a new report indicating a significant decline in fraud associated with organized crime.
Fraud Report for Q2
In its latest report, MEXC noted a 12% decrease in fraud attempts linked to 8,501 criminal groups. Between April and June 2025, 70,621 fraud attempts were intercepted. MEXC attributes this improvement to AI-led surveillance systems and region-specific response strategies.
Impact of AI Surveillance Systems
MEXC's risk control framework relies on advanced AI models capable of identifying anomalies in trading behavior and user input data. These surveillance systems analyze large volumes of data, automatically blocking suspicious activities or escalating them for human review. MEXC reported that this hybrid approach has been effective in reducing the success of fraud while maintaining legitimate user operations.
User Education Initiatives
Despite improvements in risk control, MEXC noted that user confusion and misinformation remain persistent challenges. In response, the platform announced a global security education initiative to launch in August, which will include real-world fraud case studies and guidelines for secure trading. "Education remains key," said Tracy Jin.
MEXC's proactive approach to combating fraud underscores its commitment to maintaining platform integrity amidst growing threats in the Web 3 space.
